Dominion Lending Centres BTB Mortgage Solutions

Back to School Safety Tips

Operation ABC - Always Be Careful

Pedestrian safety a priority - especially near schools where parents, teachers, motorists and children must be extra cautious. Parents and teachers must ensure that children know the proper safety rules in order to keep York Region's school zones safe for everyone.

For drivers in school zones:
Reduce speed
Be ready to stop at all times
Wait for children to reach the sidewalk before proceeding
Obey crossing guards
Drive with caution, as you set an example for young drivers
Always be prepared to yield to pedestrians waiting to cross the roadway, or while approaching a cross walk
Remember that children expect you to stop
For parents and children:
Walk on available sidewalks - never on the road
Always cross at an intersection or crosswalk
Obey crossing guards
When crossing intersections:
Stop before stepping onto the road
Be visible and indicate your intention to cross
Turn off or mute any device that impairs your hearing, like an iPod or MP3 player
Do not text or play handheld video games while crossing the road
Look and listen for traffic in all directions
When one is available, push the cross button
Wait until you see the pedestrian walk signal
Look and listen for traffic in all directions
Keep an eye out for turning vehicles
Walk - do not run, cycle or skateboard across the road
Cross only when the road is clear
When driving children to school:
Stop for school buses and be aware of children running in front of or behind buses
Park away from the school and walk your child onto school property
Arrive early to avoid traffic congestion
Obey all crossing guards and safety officials
Do not park in a No Parking zone
Have children exit vehicle from the passenger side
Obey all parking lot rules

GET APPROVED TODAY WITH OUR HOME EQUITY PROGRAM
Home Equity Loans Up To 85% Of Your Home Value, Approved Same Day For All Income & Credit Types.
Fast Funding In As Little As 5 Business Days
Approved Based On The Equity In Your Home only.
No income docs are required, Bad credit OK
Call Mike Distefano today at ((905) 246-5363or apply online here
https://secure.dominionlending.ca/?app=11431&lang=en

Great purchase rates too, starting at 4.44% o.a.c.

Michael Distefano
Level 2 Mortgage Agent
DLC BTB Mortgage Solutions FSCO 12039
Niagara's largest Mortgage Broker
4687 Queen St Niagara Falls L2E4C9
T 905 357 5366 F 905 357 6654 C ((905) 246-5363

August 1, 2024, lenders will be able to begin to offer 30 year amortizations for insured mortgages for first-time homebuyers purchasing new builds, providing younger Canadians with more affordable monthly mortgage payment options. Extending amortizations by up to five years will allow for lower monthly payments—helping more young Canadians unlock the door to their first home, while also incentivizing the construction of more new homes. Give a call to discuss how this may help your journey to home ownership 905 357 5366

Prime minus 2 % is coming soon, get preapproved today! That's 2 % off the BOC current rate, and as new rate drops come, you get them too! Apply here

Michael Distefano - Dominion Lending Centres BTB Mortgage Solutions - Apply Now for a Mortgage Please complete the following mortgage application in as much detail as you can (required information has been highlighted), then click submit. I will review the information, then contact you to discuss your application, answer any questions you might have, and explain next steps.

🏠 Ontario Homeowners: Need extra cash? Don’t borrow from the bank, borrow from your home.
✅ Pay off any outstanding loans, car notes, etc
✅ Finance a lingering renovation that's been put off
✅ Use that money for investment or any other purpose!
✔️ Access up to 80% of your home's value
✔️ Use only what you need
Call us to see how much home equity you qualify for today 905 357 5366 or on WhatsApp us at (905) 246-5363

Get a private mortgage of up to 80% of your home value with no credit and no income verification. Funds in hand in as little as 72 hrs. Call Mike Distefano for details (905) 246-5363 or apply online at www.betterthanbankmortgage.com

Make home ownership a reality!

Homeownership Program EXLUSIVE TO Niagara Region residents.
Down payment help up to $33,387.40
Have a gross annual household income below $95,000 for a one person household and below $113,000 total income for a household with more than one person.

For more information contact Mike Distefano at 905 246 5363 or [email protected]

Let me help you look for the best rates among all the lenders for you so you can pay the lowest monthly payments possible when the borrowing costs are going up rapidly.
I can help you no matter your situation:
✅ Good Credit ✅ Zero Credit ✅ Bad Credit ✅ Self Employed ✅ New Immigrant ✅ New To Canada
Please note: If you have a good credit score, I can help you get better mortgage / refinancing / home equity deals. Rates start from 4.49%.

Through my private lender network, I can also help people who are rejected by the big banks and are looking for alternatives for funding. It can help you get through tough times and help build your credit quickly. Once I understand your financial situation better, I can provide you with an accurate plan.

Call me today 905 246 5363

Is YOUR Mortgage renewing in the next 90 days, get a head start on getting approved. Many changes in the industry, don't get caught by surprise with a last-minute mortgage check-up. Apply online here for your NO obligation mortgage check-up
https://secure.dominionlending.ca/?app=11431&lang=en

Dominion Lending Centres BTB Mortgage Solutions LOW mortgage interest rates. Call for a quote and be pleasantly surprised by are deep discounted rat

Industry voices express concern over the budget's failure to address the needs of first-time homebuyers.

Canada’s housing plan, with its focus on boosting supply, has drawn a range of reactions from industry experts.

While many praise the federal government’s plan, there is growing concern about the lack of immediate measures to address the affordability challenges faced by first-time homebuyers.

Richard Lyall, president of the Residential Construction Council of Ontario (RESCON), praised the government's efforts to enhance the supply of purpose-built rental housing.

“We commend the federal government for seriously trying. There are positive measures here to assist purpose-built rental housing supply. That much is encouraging,” Lyall said in a statement.

However, Lyall said the budget lacks support for first-time homebuyers who have been shut out of the market.

“They are being taxed on new housing at rates which would have crushed their parents and grandparents,” he said. “Why are we doing that to them? Housing is a vital need, and we are taxing it like alcohol and ci******es. The cost of housing used to be three times the average household income, but now it’s 10 times.”

Taxes, fees, and levies currently make up 31% of the cost of a new home, according to a study by the Canadian Centre for Economic Analysis. With the average home price in Canada standing at $741,000, a household must earn at least $195,000 to qualify for a mortgage.

The disparity between income growth and housing costs continues to widen, making it increasingly difficult for buyers, especially first-timers.

RESCON also noted that many young people are moving away from cities in search of more affordable living options due to the high costs.

While the budget includes positive measures, such as increasing the capital cost allowance rate for apartments and commitments regarding activating Crown land for housing, Lyall believes the government has "missed the mark" in supporting first-time homebuyers.

“The government’s failure to take solid steps to help first-time homebuyers is short-sighted and self-defeating in terms of meeting the challenge of the housing affordability and supply crisis,” he said.

“To ensure the health of our economy, we must do more to help these homebuyers get a foothold in the market. The budget missed the mark on that front. We must help young Canadians who want to buy their first home. They are the future of this country.”

Read more: Real estate industry reacts to Trudeau's 2024 housing plan

Julia Deans, president and CEO of Habitat for Humanity Canada, agreed, “At Habitat for Humanity, we see first-hand how stable and affordable housing transforms lives across generations. Canada’s housing plan presents an excellent opportunity to truly come together and build the Canada we want, one where every family has the opportunity to own a home and create a secure and prosperous future for themselves and their family. We look forward to working with our partners, including all orders of government, to achieve this goal.”

The Bank of Canada held its overnight target rate at 5.00% today.

The next BoC announcement is June 5.

Come down to our office 4687 Queen St NF while supplies last, community food give away.

🍀Wishing you all a day filled with Irish cheer, laughter, and good times. May your celebrations be as vibrant as a field of shamrocks and your spirits as high as the tallest leprechaun! Cheers to St. Paddy's Day from all of us at DLCG! 🌈🍻🍀

Was hoping for better news but....Bank of Canada maintains its policy rate and continues quantitative tightening.

https://www.bankofcanada.ca/2024/03/fad-press-release-2024-03-06/

Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.

Are any friends or agents looking for a decent downtown 2-story under $500 K, with a quick close... P M for details.

🏡 Need To Access Your Home Equity?
⭐ PROMO: No Payments For 1 Year ⭐
☎️ 1905 246 5363☎️

We help people who have equity in their homes or have been denied by the bank.

✅Refinance
✅Buying a Home
✅Second Mortgages
✅Private Mortgages
We approve homeowners and refinance mortgages within 24 hours! ⏱
Apply today to get approved and receive your funds ASAP.
With over 15 years of experience, we have access to lenders for all types of financial situations. This way you get the RIGHT term length and the RIGHT interest rate. Call me today to get approved tomorrow at (905) 246-5363 or apply securely online https://secure.dominionlending.ca/?app=11431&lang=en

Dominion Lending Centres BTB Mortgage Solutions LOW mortgage interest rates. Call for a quote and be pleasantly surprised by are deep discounted rat

The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little indication of a timeline for possible cuts.

Central bank makes eagerly awaited announcement on benchmark rate - Dominion Lending Centres The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little indication of a timeline for possible cuts. The central bank revealed on Wednesday that its overnight rate, which leads variable....

CEBA Loan Deadline Date is January 18th!
Call Mike Distefano at (905) 246-5363 to see if you qualify for a CEBA payout loan.

New product alert! "FRACTION MORTGAGE"
No Income
No STRESS test
NO Payments for up to 5 years
Fully Open, pay off anytime without penalties
Access up to 40 % of your home value
No minimum age requirements
THIS IS NOT A REVERSE MORTGAGE

Dominion Lending Centres BTB Mortgage Solutions LOW mortgage interest rates. Call for a quote and be pleasantly surprised by are deep discounted rat

Transfer Your Mortgage to our preferred partners and enjoy:
5 yr Rate from 5.I9%
✅ No Stress Test Qualification
✅ No Transfer or Switch Legal Fees
✅ No Appraisal Fees

Call Gail or Mike Distefano today at 905 357 5365 or email [email protected] for more information, OR APPLY ONLINE HERE https://secure.dominionlending.ca/?app=11431&lang=en

Michael Distefano - Dominion Lending Centres BTB Mortgage Solutions - Apply Now for a Mortgage Please complete the following mortgage application in as much detail as you can (required information has been highlighted), then click submit. I will review the information, then contact you to discuss your application, answer any questions you might have, and explain next steps.

Company News: Effective March 31, 2024, all mortgage agents and brokers MUST be lic as a level 2 agent in order to lend private mortgages (Non-Institutional)

We are excited to share that Gail and Michael Distefano have both completed their Level 2 private mortgages course and will be able to assist you with your private mortgage and or investing needs.

The new licence for mortgage agents includes enhanced requirements that address the need for agents (as well as brokers) to have additional education, knowledge, and experience regarding private mortgages.

Private mortgages may have terms and conditions that pose unfamiliar risks to consumers, 4 given that they are not underwritten in the same way as those offered by more traditional financial institutions. Mortgage agents and brokers must have the appropriate expertise to recommend products that meet consumers’ needs. They must take reasonable steps to properly understand, assess, and inform consumers of any potential risks associated with private mortgages or mortgage investments.

The new mortgage agent licence and enhanced mortgage agent and broker requirements support the following outcomes: education/competency requirements that better align with activities in the mortgage market and enhanced consumer protection as borrowers and lenders/investors receive appropriate levels of information and recommendations to make informed decisions relevant to their mortgages/mortgage investments enhanced confidence in the mortgage brokering industry as licensees are prepared for their careers in the mortgage brokering sector.

Feel free to contact us at 905 357 5366 with any questions, more information about this new legislation can also be found here

https://www.fsrao.ca/industry/mortgage-brokering/regulatory-framework/guidance-mortgage-brokering/new-mortgage-agent-and-broker-licensing-requirements-0

Transfer Your Mortgage to our preferred vendor & Enjoy:

✅ No Stress Test Qualification
✅ No Transfer or Switch Legal Fees
✅ No Appraisal Fees

Call Mike or Gail Distefano today at 905 357 5366, or send a mesaage now.

Looking for debt consolidation, DON'T break your great 1st mortgage rate...We have 2nd mortgage rates from 5.99 %

A second mortgage can be used in different situations. Common reasons to take out a second mortgage are:

You want to consolidate debt. A second mortgage can be used to pay off your high-interest debt (like credit cards and student loans) so you can focus on paying back a single loan at a potentially lower interest rate.

You need to borrow for a major purchase. Say you need to fund a renovation or pay for your child’s education. With a second mortgage, you can use the equity you’ve built in your home to pay for big-ticket items you may not otherwise have the cash for.

You want to buy a second property. This could be a cottage, a vacation home, or an investment property. Whatever it is, a second mortgage can help you purchase it.

Call Mike or Gail Distefano today at (905) 246-5363 or apply online here https://secure.dominionlending.ca/?app=11431&lang=en

CEBA loans are Due this December, to get up to $20,000 in debt forgiveness they must get paid out by the due date.
Are you eligible for the Canadian Government's debt forgiveness offer of up to $20,000 for CEBA loans?

Let us help you repay your loan and keep up to $20,000 for your business needs.

Available to qualified self-employed homeowners, call Mike Distefano at 905 246 5363 or email me today at [email protected] an see if you qualify.

Where are these crazy rate heading? I have no clue… but these charts do help with some perspective.

We’re only slightly higher than the 25-year fixed-rate average but way off the 25-year variable average.

Is your mortgage coming up for renewal this year? Reach out to me BEFORE you accept your current bank/lender's options! Here's why:
👏Access to several lenders: I have access to a wide network of lenders, increasing your chances of finding a better deal.
👏Cost Savings: I can compare rates and negotiate on your behalf
👏Time-Efficient: I do the legwork of researching and contacting lenders
👏Expert Guidance: I'm an expert in the field and can provide personalized advice
👏Objective Advice: I am impartial and work in your best interest
👏Complex Situations: I can find lenders who specialize in unique situations
👏Negotiation Power: I can leverage my existing relationships with lenders
👏Continued Relationship: Building a relationship with me ensures ongoing support and assistance
👏Regulatory Knowledge: I am well-versed in mortgage regulations and will ensure you understand the terms of your mortgage contract.
👏Peace of Mind: Working with me gives you confidence that you've explored all options and made an informed decision that aligns with your financial goals!
You deserve the very best; I can help!

Michael Distefano
Mortgage Agent and Manager of operations
DLC BTB Mortgage Solutions FSCO 12039
1-4687 Queen St Niagara Falls On L2E 2L9
T 905 357 5366 C 905 246 5363

Download My FREE Mortgage Toolbox App https://www.dlcapp.ca/app/michael-distefano?lang=en

Dominion Lending Centres BTB Mortgage Solutions LOW mortgage interest rates. Call for a quote and be pleasantly surprised by are deep discounted rat

New Listing, priced for a quick sale at only $569,000 Open house this Sunday.
Very charming 1 / 2 story with 2 full baths On An oversized lot that is nestled on a very desirable crescent. The large fully fenced rear yard boasts a very nice-sized deck with an above-ground pool and mature trees. From the house, the breezeway connects to the garage for a seamless flow. Everything has been updated over the years just move in. The list includes brand new pool filter & pump, Recent Roof, siding, furnace, hot water tank, luxury vinyl flooring throughout, and brand new appliances. This quaint and quiet neighborhood is close to so many amenities and schools, and super close to the highways connecting all the wonders of Niagara!

Check out this listing 5570 Glamis Crescent, Niagara Falls, Ontario L2G1G3

In its Labour Force Survey released Friday morning, Statistics Canada said 17,000 jobs were lost in May, the first time in nine months that there was a net job loss. The unemployment rate rose for the first time since last August, to 5.2 percent.

read more click below

Canada lost 17,000 jobs in May, said Statistics Canada - Dominion Lending Centres Canada lost 17,000 jobs in May, said Statistics Canada